Cigniti shares fall 7% after Coforge announces amalgamation, share swap ratio

Cigniti shareholders will be issued one equity share of Coforge for every five equity shares of Cigniti held by them.

Cigniti shareholders will be issued one equity share of Coforge for every five equity shares of Cigniti held by them.

The ₹500 crore initial share sale of Unimech Aerospace and Manufacturing Ltd. was open for public bidding from December 23 to December 26.

Aether Industries Share Price | The solar installation is expected to generate substantial annual energy cost savings exceeding ₹15 crore while significantly reducing the company’s carbon footprint, Aether Industries stated in a regulatory filing.

Market tech analyst Shilpa Rout have these recommendations on Monday.

The moves seen in Indian IT so far has made risk-reward unfavourable for brokerage firm Investec, who continues to see potential for marginal earnings downgrades.

Marketbuzz Podcast: Indian markets may open in the red according to the GIFT Nifty. Watch out for stocks like HDFC Bank, Siemens India, Ola Electric and more.

Gujarat Fluorochemicals said that all its assets are adequately insured under the company’s Insurance Policy.

Brokerage firm Equirus said that Jyoti CNC Automation is well-poised to benefit from multiple sectoral tailwinds – both domestically and globally.

Shares of HDFC Bank have now seen positive annual returns for the last decade but three out of the last four years have seen single-digit returns for the lender.

Zinka Logistics recently turned profitable with a rapidly expanding margin profile. However, with its share price surging 105% since its listing on November 24, Morgan Stanley views the risk-reward balance as unfavorable.